CBI sells $157 million Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) sales on Wednesday registered $157.205 million, compared to the previous session’s $193.912 million, at an exchange rate of 1170 Iraqi dinars per dollar. “The demand hit $3.280 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $153.925 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 17 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday.   SH (TP) 660